Share Economy, “the more you share, the more you have”

Shareconomy  or Share Economy was a keynote theme at CEBIT 2013 in Hannover, GERMANY, the biggest technology exhibition in Europe. The term „Share Economy“ was coined by Martin Weitzman, the well-known economy and Professor of Economic at Harvard University. The basic idea of Weitzman theory described „The more we share our success with others, the more we profit ourselves.

Nowaday Share Economy become more popular and people willingness to share are increased. The vision of intelligence share model has become today reality. We share our property, cars, knowledge, ability, hobby, parking lot, garden etc. Obviously there will be more share economy model in the future, so don’t be surprise!. The economist put the Sharing Economy on the March cover e.g. „The rise of the sharing economyOn the internet, everything is for hire“, „All Eyes on the Sharing Economy“.


Example of „Share Economy“ companies are

  •, an online marketplace allowing anyone from private residents to commercial properties to rent out their extra space. The companies have different business model and different offering
  •, the world’s largest car sharing and car club service as an alternative to traditional car rental and car ownership
  • (is an online and mobile marketplace that allows users to outsource small jobs and tasks to others in their neighborhood) and many more

An interesting video explain about Sharing economy trend overview from Campbell Mithun

Alexander Graham’s Voice 128 Years Later

Ongoing Information & Trends: A Weblog


This unplayable wax recording from 1885 is now playable due to modern technology. The voice: telephone inventor Alexander Graham Bell at the Smithsonian Institution.

Researchers have identified the voice of Alexander Graham Bell for the first time in some of the earliest audio recordings held at the Smithsonian Institution.

The National Museum of American History announced Wednesday that Bell’s voice was identified with help from technicians at the Library of Congress and the Lawrence Berkeley National Laboratory in California. The museum contains some of the earliest audio recordings ever made. Researchers located a transcript of one recording signed by Bell. It was matched to a wax disc recording from April 15, 1885.“Hear my voice,” the inventor Alexander Graham Bell, said. The experimental recording also contains a series of numbers. The transcript notes the record was made at Bell’s Volta Laboratory in Washington. Additional recordings  include lines from Shakespeare.

Alexander_Graham_Bell (1)

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Google Buys Startup That Summarizes Online Content

CBS Seattle

SAN FRANCISCO (AP) — Google has bought Wavii, a Seattle startup behind an application that condenses online content for time-pressed Web surfers.

Both companies confirmed the deal Friday. As with most of its acquisitions, Google isn’t disclosing how much it paid for Wavii.

Wavii’s technology grasps the context of language so it can summarize the main points in news stories and other content.

Although Wavii’s app is shutting down, CEO Adrian Aoun says the startup’s technology will be used in other Google products.

Google Inc., which is based in Mountain, View, Calif., declined to discuss its plans for Wavii. The natural-language technology could be useful for Google’s Knowledge Graph, an 11-month-old feature that summarizes information in boxes that appear alongside some of Google’s search results.

(© Copyright 2013 The Associated Press. All Rights Reserved. This material may not be published, broadcast, rewritten or redistributed.)

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Removing Social Innovation Barriers: Open Innovation

Social Innovation Notes

Screen Shot 2013-04-12 at 1.35.45 PMMany governments around the world are exploring ways of shifting the locus of social innovation from a centralized state-led approach to local communities. It makes a lot of sense: It can empower people, utilize local knowledge, create customized solutions and reduce costs. But Dominic Chalmers*, from the University of Strathclyde, argues that this shift would require recognizing some significant barriers.

Social Innovation Barriers

Chalmers’ review of the literature identifies three main barriers to individuals and organizations engaged in social innovation:

  1.  Protectionism and risk aversion – Chalmers states that a prevailing popular assumption that all people share a common homogenous desire to develop optimal solutions to social problems is a naïve one. His review of the literature highlights competing organizational objectives/logics and how privatization policies can reinforce and extend existing silos/domains rather than bridge them. He also believes that the commissioning agents – governments and philanthropists – are predisposed…

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Key Big Data Terms You Should Know

Thoughts on Social CRM and Analytics

Given below is a listing of key Big Data terms that you should know and a very brief explanation of what it is in simple language. Hope you find it useful.

1. Hadoop: System for processing very large data sets
2. HDFS or Hadoop Distributed File System: For storage of large volume of data (key elements – Datanodes, Namenode and Tasktracker)
3. MapReduce: Think of it as Assembly level language for distributed computing. Used for computation in Hadoop
4. Pig: Developed by Yahoo. It is a higher level language than MapReduce
5. Hive: Higher level language developed by Facebook with SQL like syntax
6. Apache HBase: For real-time access to Hadoop data
7. Accumulo: Improved HBase with new features like cell level security
8. AVRO: New data serialization format (protocol buffers etc.)
9. Apache ZooKeeper: Distributed co-ordination system
10. HCatalog: For combining meta store of Hive and merging with what…

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Getting Started With Hadoop


Before we start hadoop if someone wants to go through the concepts behind big data, they should have a look at the following blog post 

I assume that the readers who are reading this post already know why they want to use hadoop and what are its benefits. But before we start discussing about hadoop, we need to know about  clustered architectures. The following video introduces clustered architecture and discusses why it is important to know before we can understand the underlying concepts behind hadoop,

Once we know about clustered architecture, the following video gives a very simple overview and explanation of hadoop,

Now that we know about hadoop, lets go through the steps of installing it. There is a very good tutorial on installing hadoop in Ubuntu written by Michael G Noll and could be found here. I will go through the blog post and show the…

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Gartner: Top 10 technology trends for the energy and utilities sector

Entelechy Asia

GartnerGartner has identified the top ten technology trends affecting the global energy and utility markets in 2013, as the industry faces significant challenges from ongoing environmental sensitivity, changing policymaker attitudes and consumer expectations.

“Searching for successful business models that will address these issues and generate anticipated shareholder returns in uncertain regulatory settings is a top priority for this industry,” said report author Kristian Steenstrup, Vice President and Gartner Fellow. “This is in addition to protecting the security of critical generation and delivery infrastructure, as well as maintaining system reliability with aging physical assets. Public and private utilities are looking at how technology can reduce cost, drive efficiency and enhance competitive advantage.”

According to Steenstrup, what was once considered a conservative and slow-moving industry has seen a wide range of innovation from within and outside the traditional IT organization. He believes that understanding business trends is a crucial requirement for energy…

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